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odds

plural noun

  1. Archaic inequalities
  2. Now Rare difference or amount of difference
  3. difference in favor of one side over the other; advantage
  4. an equalizing advantage given or received in betting, based on a given bettor's assumed chance of winning and expressed as a ratio: a winning bettor who got odds of 3 to 1 is paid three times as much as he or she bet

See odds in American Heritage Dictionary 4

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